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Business Segments (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Summary of Information by Business Segment
Segment Information
 
 
 
Corporate and
 
 
(Millions of dollars)
 
Marketing
 
Other Assets
 
Consolidated
Year ended December 31, 2019
 
 
 
 
 
 
Segment income (loss)
 
$
215.0

 
(60.2
)
 
$
154.8

Revenues from external customers
 
14,034.3

 
0.3

 
14,034.6

Interest income
 

 
3.2

 
3.2

Interest expense
 
(0.1
)
 
(54.8
)
 
(54.9
)
Loss on early debt extinguishment
 

 
(14.8
)
 
(14.8
)
Income tax expense (benefit)
 
66.3

 
(18.7
)
 
47.6

Significant noncash charges (credits)
 
 

 
 

 


Depreciation and amortization
 
138.9

 
13.3

 
152.2

Accretion of asset retirement obligations
 
2.1

 

 
2.1

Debt extinguishment costs
 

 
4.4

 
4.4

Deferred and noncurrent income taxes (benefits)
 
32.9

 
(9.2
)
 
23.7

Additions to property, plant and equipment
 
155.5

 
59.1

 
214.6

Total assets at year-end
 
$
2,304.7

 
382.5

 
$
2,687.2

Segment Information
 
 
 
Corporate and
 
 
(Millions of dollars)
 
Marketing
 
Other Assets
 
Consolidated
Year ended December 31, 2018
 
 

 
 

 
 

Segment income (loss)
 
$
214.2

 
(0.6
)
 
$
213.6

Revenues from external customers
 
14,362.3

 
0.6

 
14,362.9

Interest income
 

 
1.5

 
1.5

Interest expense
 
(0.1
)
 
(52.8
)
 
(52.9
)
Income tax expense (benefit)
 
69.5

 
(9.2
)
 
60.3

Significant noncash charges (credits)
 
 

 
 

 
 
Depreciation and amortization
 
124.5

 
9.5

 
134.0

Accretion of asset retirement obligations
 
2.0

 

 
2.0

Deferred and noncurrent income taxes (benefits)
 
39.0

 
(1.1
)
 
37.9

Additions to property, plant and equipment
 
169.2

 
24.6

 
193.8

Total assets at year-end
 
$
2,012.0

 
348.8

 
$
2,360.8


Segment Information
 
 
 
Corporate and
 
 
(Millions of dollars)
 
Marketing
 
Other Assets
 
Consolidated
Year ended December 31, 2017
 
 

 
 

 
 

Segment income (loss)
 
$
295.3

 
(50.0
)
 
$
245.3

Revenues from external customers
 
12,826.2

 
0.4

 
12,826.6

Interest income
 

 
1.3

 
1.3

Interest expense
 
(0.1
)
 
(46.6
)
 
(46.7
)
Income tax expense (benefit)
 
(2.9
)
 
(2.3
)
 
(5.2
)
Significant noncash charges (credits)
 
 

 
 

 
 
Depreciation and amortization
 
110.5

 
6.4

 
116.9

Accretion of asset retirement obligations
 
1.8

 

 
1.8

Deferred and noncurrent income taxes (benefits)
 
(61.3
)
 
10.9

 
(50.4
)
Additions to property, plant and equipment
 
234.0

 
39.7

 
273.7

Total assets at year-end
 
$
2,023.4

 
307.6

 
$
2,331.0